Guido has noticed a distinct change in George Osborne’s hairstyle over the last few days. Gone is his old, fluffy, classic posh look with the hair pushed back revealing the early stages of a recession. In its place is a boyish pudding bowl cut, pushed forwards, taking years off him:

The new coif was displayed in all its glory during the speech on the economy this morning:

Quote of the Day

Chuka Umunna on Seumas Milne re Russia:

“Have read the comments of the Leader of the Opposition’s spokesperson. Mr Milne’s comments do not represent the views of the majority of our voters, members or MPs. We’ll get abuse for saying so but where British lives have been put at risk it is important to be clear about this.”